Assistant Real Estate Manager

3 weeks ago


Reading, United States Lamar Media Corp Full time
Job DescriptionJob Description

Lamar Advertising of Reading, PA has an amazing opportunity for you The Assistant Real Estate Manager in Reading, Pennsylvania, will provide management support for all real estate-related functions and activities necessary to profitably secure, maintain, and grow the company’s real estate portfolio of leased and owned properties in a manner consistent with Lamar’s business practices.

The Assistant Real Estate Manager serves as the first-line manager and primary liaison for the Real Estate Department when the General Manager or Real Estate Manager is out of the office.

The ideal candidate would advance into a Real Estate Manager position of January 2025.

Want to hear more about Lamar? Check out these videos:

  • About Us
  • Our Relationships
  • Giving Back Program

What you can expect from us:

  • A flexible work environment that celebrates differences and fosters the feeling of family
  • A Monday - Friday, 8 am - 5 pm work schedule with paid holidays
  • An hourly range of $29.25 - $38 / hour dependent on relevant experience and qualifications
  • Monthly auto and cell allowances for work-related expenses
  • A comprehensive 2 month training program
  • Career advancement opportunities
  • Ongoing professional development and internal leadership programs to maximize your career potential
  • Multiple medical plan options
  • Dental and vision insurance
  • 120 hours of paid time off (PTO) that increases with tenure
  • 401K plan with company contributions for participation
  • Wellness program incentives such as medical plan premium holidays and HSA contributions

What we're looking for in YOU:

  • Ability to identify and comprehend applicable city and state codes, related maps within the designated market areas, as well as distinguish the permitting and variance processes among jurisdictions.
  • Results-driven oriented in a fast-paced environment, with competing tasks and demands, to establish priorities and deliver upon deadlines.
  • Proficient technology skills Microsoft Office (Word, Excel, PowerPoint, Adobe, etc.), web applications. Quick to grasp and integrate new software functionality and reports
  • Excellent and effective communicator using appropriate vocabulary and grammar to obtain information, explain policies and procedures, and negotiate with lessors.
  • Proven adaptability in communicating to differing cultural and business environments
  • Strong written communication skills with attention to detail in quality compositions and presentations.
  • Basic accounting knowledge, skills and practices to remit correct payments.
  • Exceptional interpersonal skills to foster and enrich cooperative internal and external working relationships,
  • Safeguard confidential information and exercise discretion, tact and diplomacy in sensitive situations.

A day in the life:

Portfolio Management/Market Review

  • Responsible for creating and maintaining up-to-date market abstracts, and identifying areas for growth or relocation of existing assets through documentation and analysis of current zoning laws and regulations. The abstract shall include identification and documentation of any properties that meet the criteria for permitting as required by the appropriate jurisdiction.
  • Provide support to monitor, track, and analyze critical operational data and dates associated with numerous land lease agreements, owned properties, and other real estate assets.
  • Monitor competitor activities and permitting practices, as directed.
  • Supply assistance to conduct strategic data analysis to ensure optimization and profitability of the real estate portfolio, including preparing and tracking the annual real estate budget.

Active Negotiation/Purchase Process

  • Prepare, present and negotiate agreements with landowners, their agents or representatives for the purpose of securing new or existing real estate assets.
  • Establish, develop, and maintain productive and professional relationships with existing and potential landowners, and function as the first point of contact for all real estate related matters.
  • Help coordinate and oversee the due diligence and purchase process for approved easement and land purchases.
  • Assist GM and/or Real Estate Manager with planning, development, and execution of lease and/or purchase strategies through operational, financial, and organizational analyses

General Administration

  • Enter, maintain, and routinely audit data, reports, and electronic files to ensure accurate accounting, recordkeeping, and file management within various internal software applications.
  • Maintain accurate records of state and local zoning ordinances and monitors any proposed zoning applications or changes.
  • Contribute as needed with the following:
  • Receipt, verification, and timely processing of real estate tax invoices for company-owned real estate and personal property.
  • Monthly and/or annual percentage/overage payments and applicable Consumer Price Index (CPI) adjustments
  • Preparation, submission, securing, renewal and maintenance of all applicable governmental approvals including, but not limited to, variances, construction, vegetation, and conditional use permits associated with new or existing sign sites.
  • Supplements training needs of new Real Estate Managers, Representatives and Administrators on learning and complying with Lamar’s policies, guidelines and procedures.
  • Other duties and projects as assigned by the Real Estate Manager and/or General Manager.

Government Relations and Regulatory Compliance

  • Secure, nurture, and preserve professional relationships with all key governmental officials and personnel vital to planning, zoning, permitting and inspections.
  • Retain accurate records of state and local zoning ordinances, monitor proposed zoning applications or changes.

Property/Structure Maintenance

  • Serve as the primary contact between internal company departments and landowners to ensure continued access to the company’s signs; resolve any appearance or vegetation issues.

Education and Experience Requirements

Required

  • High school diploma or equivalent
  • Current and valid driver’s license
  • Minimum 5 years of experience in business, real estate, leasing, or another related field unless applicant possesses a Bachelor’s degree.

Preferred

  • Bachelor’s degree in a related field such as business or real estate
  • 3-5 years of experience in land acquisition, zoning, and land use support
  • Real estate license
  • Notary license

Please note: Upon submitting your application, you will be asked to complete an 8-15 minute personality assessment. This assessment compares your professional soft skills to the skills required for success in this role. Please answer honestly; this is not a test Not completing this assessment could result in disqualification from consideration for this position.

Candidates with a disability in need of an accommodation to fulfill our application requirements should email applicantassistance@lamar.com.

Physical Demands and Work Environment

  • The primary work environment for this position is an office, however driving is also required.
  • The physical demands for this position include light lifting, seeing (with a focus on reading, acuity, depth perception, and peripheral vision), standing, stooping, talking, turning, walking and sitting more than 50% of the time.
  • Nights spent traveling away from home, are less than 10%.

Who we are:

Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in the world. With over 351,000 displays across the United States and Canada, Lamar is dedicated to helping both local businesses and national brands reach broad audiences every day.

We provide ad space through:

  • Billboards
  • Interstate logos
  • Handpainted murals
  • Transportation and airports
  • The largest network of digital billboards in the United States

We live by the Golden Rule, and we operate with honesty and integrity in every aspect of our business. We are open with our employees, transparent with our customers, and loyal to the communities in which we serve. While Lamar is a large company, each office has its own culture and family atmosphere, making employees feel connected both locally and nationally.

We are committed to sustainable and environmentally friendly business practices and use a number of innovative strategies to reduce our environmental impact. We are actively working to reduce our annual greenhouse gas emissions and are projecting a 70% decrease by 2026 as a result of our efforts.

Lamar is an EOE/AA: Minorities/Females/Disabled/Protected Veterans or any other State or Federally protected characteristic

Disability Self-Identification: When applying for a job with Lamar, you will be asked to voluntarily self-identify whether you have a disability. Please take a moment to watch this video for clarification on why we're asking for this information

California Residents - Lamar collects personal information in the ordinary course of considering job applicants. This information may include, for example, name, address, phone number and other contact information, employment history and reference contact information, and any other information provided by an applicant to Lamar. By submitting an application, you consent to the use or sharing of this personal information solely for the purpose of consideration for employment by Lamar. Lamar will not sell this information.

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